Xero
xero.comBuild Difficulty: 4/5
A few focused days to build a solid replacement
Beautiful, easy-to-use online accounting software for small businesses.
How to Replace XeroOverview
Features
44 features across 30 categories
Accounts Payable(1)
AI-powered matching of invoices to purchase orders and receipts.
Analytics(1)
Personalized dashboards for different user roles with relevant KPIs and insights.
Asset Management(1)
Manage depreciation schedules and fixed asset registers with automated calculations.
Automation(1)
Set up rules to automatically categorize expenses and allocate to cost centers.
Banking(1)
Automatically match transactions and reconcile bank accounts in seconds.
Billing(4)
Issue credit notes and manage customer refunds directly within invoicing.
Create, send, and track invoices with customizable templates and automatic reminders.
Automate billing for repeat customers with scheduled invoice generation.
Manage subscription-based revenue with recurring billing and auto-renewal.
CRM(1)
Maintain a centralized contact database with customer and supplier information.
Collections(2)
Get AI-powered alerts and recommendations for overdue invoices.
Send automatic payment reminder emails to customers with due date alerts.
Compliance(1)
Complete record of all changes made to accounts with user and timestamp details.
Data Management(1)
Bulk import historical data from spreadsheets or previous accounting systems.
Expense Management(4)
Create unlimited expense categories and track spending across dimensions.
Track and manage employee expenses with receipt capture and approval workflows.
Forward receipts to a dedicated email address for automatic capture and categorization.
Scan or photograph receipts using mobile app with automatic data extraction via OCR.
Forecasting(1)
Predict future cash position based on outstanding invoices and bills using AI.
Fraud Prevention(1)
Automatically identify and flag duplicate invoices to prevent duplicate payments.
General Ledger(1)
Record manual journal entries with full audit trails and approval workflows.
Governance(1)
Set up multi-level approval processes for invoices, expenses, and purchase orders.
Integration(1)
Build custom integrations and automate workflows using Xero's public API.
International(1)
Handle transactions in over 160 currencies with real-time exchange rates.
Inventory(1)
Track inventory levels, set reorder points, and manage stock across multiple locations.
Mobile(1)
Full accounting functionality available on iOS and Android devices.
Multi-Entity(1)
Manage multiple companies or entities from a single dashboard with consolidation.
Payables(2)
Capture, categorize, and pay bills with full audit trails and approval controls.
Automatically generate bills for recurring vendor payments.
Payments(2)
Pay multiple bills at once with scheduled batch processing and approval.
Accept customer payments directly from invoices via credit card or bank transfer.
Payroll(1)
Process payroll, manage benefits, and file payroll taxes automatically.
Planning(1)
Create budgets, track variance, and compare actual performance against targets.
Procurement(1)
Create and manage purchase orders with approval workflows and supplier tracking.
Project Management(2)
Track time, costs, and profitability for specific projects and clients.
Log billable hours for projects and clients with automatic invoice generation.
Reporting(3)
Build custom financial reports with drag-and-drop report builder.
Generate comprehensive profit and loss, balance sheet, and cash flow reports instantly.
Create branded financial reports with custom layouts and filters.
Sales(1)
Generate sales orders that convert to invoices with real-time tracking.
Security(2)
Automatic daily backups with point-in-time recovery and disaster recovery.
Control access with granular role-based permissions and audit logs.
Tax(2)
Prepare and file tax returns with pre-calculated tax obligations and audit-ready reports.
Track VAT/GST across multiple jurisdictions with tax return preparation.
Pricing
Starter
- ✓Up to 20 invoices per month
- ✓1 user
- ✓basic reporting
Standard
Popular- ✓Unlimited invoices
- ✓up to 5 users
- ✓inventory
- ✓projects
Premium
- ✓Unlimited users
- ✓advanced features
- ✓budgeting
- ✓fixed assets
Cost Calculator
Keep Paying Xero
Build It Yourself
Total Cost Comparison
DIY hosting estimate based on Vercel + Supabase free/pro tiers (~$20/mo). Build time estimated from 44 features at easy complexity.
Build vs Buy
Should you build a Xero alternative or buy the subscription? Estimate based on 44 features.
Buy Xero
Better ValueBuild Your Own
Buying Xero saves ~$50,040 over 3 years vs building.
Estimates based on 44 features and a BuildScore of 4/5. Actual costs vary.
Integrations
29 known integrations